Real Estate Narracan, VIC, 3824 Baw Baw

Thinking about buying in Narracan? Now could not be a better time, with just 179 residential dwellings it's a highly sought after location.

The average property price for this area is $823,000 with prices in this suburb ranging from $233,000 to $1,471,000.

Distance to the coast is 41 Km.

Narracan Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Narracan driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Narracan due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Narracan provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Narracan to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Narracan the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Household makeup

Median Weekly Rent $275.00
Median Monthly Mortgage $1733.00
Median Persons Per Bedroom 0.70
Average Household Size 3.00
Average Age 48.00
Average Income $790.00
Average Cars Per Dwelling 2.70
Average Properties Within 50M 3

Housing Stock

Typical Property Prices

1 Bed $847,000
2 Bed $422,000
3 Bed $792,000
4 Bed $972,000
5 Bed $820,000
Instant Property Valuation

Houses for sale Narracan

One Agency 277 NARRACAN CONNECTION RD, NARRACAN, VIC, 3824 4 2 0 $1,250,000

Local Schools

Narracan Primary School

(While the above schools are located with the suburb of Narracan there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Narracan weather - Average Local Climate by month

Min (°C)
Max (°C)
Min (%)
Max (%)
(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

CoalvilleMoe SouthDriffieldThorpdaleDelburnTrafalgar SouthHernes OakYinnarMoeTrafalgar East

Public Transport

General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!